Politics
Just In: UMB Appoints Nana Kwadwo Dwemoh Benneh as The Bank’s New CEO
Published
1 month agoon

After five years of dedicated and growth-oriented service to Universal Merchant Bank (UMB), Mr. Benjamin Amenumey has completed his tenure as UMB’s CEO making way for the appointment of Nana Dwemoh Benneh as the bank’s new Chief Executive Officer, following the approval of the Central Bank.
In a statement issued by UMB, Mr. Benjamin Amenumey said “working with a team of dedicated and passionate individuals over the past three years as Chief Operating Officer and then ultimately as the CEO for the past 2 years, has been an absolute honour and pleasure. Together, we have chalked many successes that have propelled our bank into the hallmark of the Ghanaian financial sector, thereby reaffirming our commitment to delivering unrivalled banking excellence to all our wonderful clients through our innovative products and services. For this and the many indelible memories of my time spent with you, I am truly thankful for your unflinching support and I do look forward to celebrating your future wins with you as a family.”
Since joining the bank in 2016, Benjamin Amenumey has initiated and implemented many successful growth strategies with the Bank’s SME banking portfolio and in the Bank’s digital infrastructure including the introduction of its mobile banking application, the UMB SpeedApp.
Under his leadership, the bank attained its ISO 27001 and PCI DSS certifications, a testament to UMB’s continuous commitment to enhancing the experience of the customer with new and efficient banking technologies. He also led the bank in sweeping many coveted industry awards including the GITTA Award as the Best Bank for Cyber Security Risk Management, the Most Improved Bank in Best Use of Technology, and ICT-Driven CEO of the Year Award among others.
In his farewell message to Benjamin Amenumey, Board Chairman of UMB, Mr. Ras Boateng stated, “your ability to lead and boost staff morale to give off their very best as well as the strong legacy you have built over the years will impact positively on our future success as we will continue to execute the laudable initiatives you started. We wish you the very best in your future endeavours.’’
Mr. Boateng further stated, “The choice of Nana Dwemoh Benneh as the next CEO of UMB is a step in the right direction in propelling UMB to the next level of success. Nana Dwemoh throughout his career has demonstrated strong leadership and a commitment to excellence and we truly believe that his wealth of experience will serve in the best interest of the bank in achieving its vision as a leader in providing strong financial solutions to its customers.
Nana Dwemoh Benneh in his remarks stated that he was truly honoured and humbled to have been chosen by the Board to lead a strong legacy brand like UMB as its next CEO and he will continue to build on the successes of his predecessors to forge a new frontier for posterity.
Nana Dwemoh Benneh joins UMB with considerable local and international expertise in banking spanning over 15 years. Having worked briefly with Merchant Bank Limited after his graduate studies, he joined Barclays Bank on Barclays Plc’s International Business Leadership Program designed to develop Business Leaders with global and significant Pan African experience. Whilst with Barclays he had the opportunity to work in various management roles across several countries in Africa and the UK. Having lead many dynamic teams across as Head of Retail for Barclay Uganda, he moved to Kenya as the East Africa Regional Sales Manager with oversight over Consumer sales machinery in the Banks East African businesses. Subsequently, in 2003, Nana Dwemoh was appointed as Director of the SME Local Business Segment for Barclays Africa based in Johannesburg, South Africa with responsibility for the Banks SME strategy for Africa. In 2005, Nana Dwemoh worked in Corporate Banking in Barclays Plc as Sales Director for International Trade and Cash Solutions Barclays PLC, London. He returned in 2007 to Barclays Bank Ghana as the Consumer Banking Director and is credited with consolidating the gains in the Bank’s consumer banking business post the Bank’s rapid expansion of the franchise that was undertaken between 2006 and 2007.
Nana Dwemoh joined Stanbic Ghana Limited as Executive Director for Personal and Business Banking in October 2013. There he led the team in significantly growing market share and profitability for the Bank’s Personal and Business Banking franchise over the last seven years.
Nana holds an Executive MBA from London Business School and is a member of the International Academy of Retail Banking.
Source: www.GhanaCNN.com
Politics
What Is Your Problem ? – NDC MP Runs After Sammy Gyamfi For Answers
Published
16 hours agoon
March 7, 2021
The Member of Parliament (MP) for the Yapei- Kusawgu constituency of the Savannah Region, Hon John Abdulai Jinapor has said that money cannot influence some of them but they were helpless because there is too much-vested interest within the National Democratic Congress (NDC) caucus in parliament.
John Jinapor who was a Deputy Minister of Energy under former President John Dramani Mahama’s government made these comments after an unending confusion in the NDC over the approval of Ministers-designate who the party leadership felt did not merit to be approved after their vetting.
Many members of the NDC are not happy and have publicly lambasted their MP’s and as well accused them of taking bribes before approving the New Patriotic Party (NPP) Ministers.
The issue became more serious after the Communications Director for the NDC Sammy Gyamfi in a viral post on Facebook blamed the Speaker Alban Sumana Bagbin, Mohammed Muntaka and Haruna Iddrisu indicating that they superintended the approval for their parochial interest.
But Hon John Abdulai Jinapor came out with his version of what transpired and wrote; “Money can never influence some us but we were helpless. Every nominee you suggested for target, someone from within us was ready to canvass why he or she should be passed”.
He further disclosed; “The problem is that there is too much vested interest in Parliament. Almost every NDC MP had a particular candidate who he/she thought should be shielded”.
He added; “Almost every nominee had a certain support base from within the NDC caucus; Tribal, friendship, business, regional, religious alliances etc”.
The Yapei- Kusswgu MP said; “At point, we were fighting amongst ourselves as to who should be included in the ‘rejection’ list”. The Minority leader then suggested we reject every nominee since we did not even recognise the legitimacy of Akufo-Addo but that was equally resisted”.
Source: www.GhanaCNN.com
News
As I Was On My Knees Praying God Asked Me To Tell Mahama This- Prophet Salifu Amoako Reveals A Hidden Secrete
Published
17 hours agoon
March 7, 2021
Bishop Elisha Salifu Amoako, the founder and leader of Alive Chapel International, has stated that former President John Dramani Mahama’s decision to go to court after the 2020 elections was borne-out of false hope provided by some people around him.
“I believe that some people and some lawyers in the NDC did not give Mahama good advice,” he told the media after the Supreme Court ruling on Thursday, March 4, 2021. They pushed Mahama to go to court, assuring him that he would win the case; they gave him hope that the case would be in his favor.”
“Mahama and his legal team were not thorough in their research. I was asking Mahama to accept defeat prophetically, and if he had, the case would not have progressed to this stage, wasting money and time in court,” he added.
He, on the other hand, praised the NDC Flagbearer for going to court rather than creating a ruckus among his supporters over the election outcome.
“As a result, we must applaud President Mahama and the NDC for going to court rather than using machetes to press their demands,” he said. The NDC should be commended for how they managed the 2020 election because they could have wreaked havoc on the nation.
“We cannot claim that Mahama and the NDC made a mistake by going to court to raise their concerns about the 2020 election; it is their legitimate right to do so because the same court has the authority and power to decide the matter.”
Source: www.GhanaCNN.com
News
I Have Sacrificed Enough For The Party- Angry Sammy Gyamfi Speaks
Published
18 hours agoon
March 7, 2021
The opposition National Democratic Congress’s National Director of Communications, Sammy Gyamfi, has described his recent scathing criticism of his party’s caucus in Parliament and the Speaker.
Sammy Gyamfi described Minority Leader Haruna Iddrisu, Minority Chief Whip Muntaka Mubarak, and NDC-backed Speaker of Parliament Alban Bagbin as having betrayed the party for their own selfish interests in a Facebook post last week.
His criticism came in the wake of President Akufo-controversial Addo’s approval of some of his ministerial nominees.
Sammy Gyamfi, responding to his critics on the pro-NDC radio station Power FM, said:
“I fully understand that as a member and leader of the party, you should not address every topic openly. However, those topics, in my view, I shared because of their far-reaching implications for the group, its future, and its base. It might be necessary at times for someone to make a sacrifice. In my humble opinion, I may be wrong because no one wants to step on anyone’s toes or turn a friend into an enemy, but there are times when someone must sacrifice for the greater good,” he said.
“You could see that we were in a position of need, and our goals and everything were dependent on our MPs,” he continued. So we were at a crossroads, on the verge of collapse, and needed something to re-energize us for the four-year reorganization process ahead of us. So, when all our leadership did behind closed doors that I can’t reveal was brazenly and blatantly set aside as a consensus was reached, and you consider the effect on the group, I felt that someone needed to be called out at some point.”
He mentioned that he has no personal grudges against any member of the NDC leadership in Parliament, but that he will continue to support his acts as a well-thought-out act aimed at the NDC’s greater good.
Source: www.GhanaCNN.com
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